Civic Intelligence

Laaunch Foundation

EIN 86-1979984 • 501(c)3 • Portola Valley, CA

Profile

Laaunch foundation is a non-profit organization working to end racism and increase representation for asian-americans by developing innovative programs that support, advocate, and elevate the asian-american community.

3130 Alpine Rd Ste 288 Pmb 480Portola Valley, CA 94028

www.laaunch.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$0

Down $245,718 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $245,718 (-100%) from 2023

Revenue

Up

$61,612

Up $27,264 (+79%) from 2023

Expenses

Up

$23,071

Up $5,142 (+29%) from 2023

Net Income

Up

$38,541

Up $22,122 (+135%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2021: $457,464Liabilities 2021: $3,357Net Assets 2021: $454,1072021Assets 2022: $229,299Liabilities 2022: $0Net Assets 2022: $229,2992022Assets 2023: $245,718Liabilities 2023: $0Net Assets 2023: $245,7182023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2021: $655,632Expenses 2021: $201,525Net Income 2021: $454,1072021Revenue 2022: $45,375Expenses 2022: $270,183Net Income 2022: -$224,8082022Revenue 2023: $34,348Expenses 2023: $17,929Net Income 2023: $16,4192023Revenue 2024: $61,612Expenses 2024: $23,071Net Income 2024: $38,5412024

Highlighted filing

2024

Revenue$61,612
Expenses$23,071
Net Income$38,541

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$61,612
Mission and Program Overview

Mission

Laaunch foundation is a non-profit organization working to end racism and increase representation for asian-americans by developing innovative programs that support, advocate, and elevate the asian-american community.

Program Services

DescriptionGrantsExpenses
LAAUNCH FOUNDATION WORKED TOGETHER WITH THE ASIAN AMERICAN FOUNDATION (TAAF), THIRD STATE BOOKS, AND THE ASIAN AMERICAN EDUCATION PROJECT TO RELEASE A GRAPHIC NOVEL TITLED Fighting to Belong! A History of Asian Americans and Pacific Islanders, Vol. 1. THE GOAL IS TO EDUCATION THE READERS ABOUT THE IMPORTANT AND DYNAMIC PART OF ASIAN AMERICANS, NATIVE HAWAIIANS,AND PACIFIC ISLANDERS IN AMERICAN HISTORY.-$1,700
STAATUS INDEX REPORT1) INCREASE PUBLIC AWARENESS ABOUT ASIAN AMERICAN STEREOTYPES AND PERCEPTIONS2) PROVIDE DATA THAT GOVERNMENT AND COMMUNITY LEADERS CAN USE TO ADVOCATE FOR ASIAN AMERICAN EQUITY AND INCLUSION3) INFORM THE DEVELOPMENT OF IMPACTFUL POLICIES AND PROGRAMS THAT CAN IMPROVE THE STATUS OF ASIAN AMERICANS IN THE U.S.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWARD KINGCFO/DirectorPT$0--
DAVID TINGSecretary/DirectorPT$0--
RICHARD TINGDirectorPT$0--
WAH CHENCEO/DirectorPT$0--
ERIC TODADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
LAAUNCH Foundation
EIN
86-1979984
Phone
6503624076
Address
3130 ALPINE RD STE 288 PMB 480, PORTOLA VALLEY, CA 94028

Signing Officer

Name
Edward King
Title
CFO/director
Signed
2025-07-28
Discuss with paid preparer
Yes

Preparer

Firm
Fong Ko & Associates Llp
Address
1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404
Preparer
Oliver Laiming Ko
Phone
6502869966
Supplemental Narrative

Additional Explanations

Other Revenue.1

Rights to a graphic novel $17100

Other Expenses.1012

Insurance $289

Other Expenses.1

TRAVEL EXPENSE $9600

Other Expenses.2

Graphic novel expenses $1700

Other Expenses.3

OTHER FEES $25

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $289 Prepaid Expenses and Deferred Charges - Ending $0

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